2313 Polk Street NE
Minneapolis, MN 55418
$389,900 - 87
Located in the heart of Northeast Minneapolis, this spacious duplex offers a strong opportunity for both owner-occupants and investors. Set in one of the city’s most desirable areas for multifamily living, the property benefits from consistent rental demand and a location that continues to attract tenants looking for convenience, character, and easy access to everything NE Minneapolis has to offer.
The neighborhood is packed with local favorites, including Hazel’s Northeast, Farina Rossa, Momo Cafe, Yellowbird Coffee Bar, Dogwood Coffee, Falling Knife Brewing Company, and Broken Clock Brewing Cooperative. The Northeast Arts District, local shops, galleries, breweries, restaurants, and coffee spots all contribute to the area’s vibrant neighborhood feel, while downtown Minneapolis is just minutes away.
For investors, the location supports attractive rental potential and long-term appreciation. For an owner-occupant, the duplex format offers the opportunity to live in one unit while generating income from the other.
Whether you are looking to add to an existing portfolio, enter the multifamily market, or offset your housing costs with rental income, 2313 Polk Street NE offers flexibility, location, and investment potential in one of Minneapolis’ most active and sought-after neighborhoods.
Listing Courtesy of: Real Broker, LLC
612-788-1284
| Listing Id: | 7155184 |
|---|---|
| List Price: | $389,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Up and Down |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 2 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 2,308 |
| Tax Annual Amount: | $6,074 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 87 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Hoyts Add To St Anthony |
| Postal Code: | 55418 |
| Year Built: | 1900 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 2,308 |
| Accessibility Features: | None |
| Basement: | Yes |
| Basement: | Partial |
| Bathrooms Total Integer: | 2 |
| Building Area Total: | 2596 |
| Directions: | From Lowry Ave NE, head north on Polk St NE. Continue past 23rd Ave NE; the home will be on your right just before 24th Ave NE. |
| Foundation Area: | 1,154 |
| Fuel Expense: | 0 |
| Garage Spaces: | 0 |
| Gross Income: | $40,800 |
| Heating: | Forced Air |
| High School District: | Minneapolis |
| Insurance Expense: | $2,200 |
| Levels: | Two |
| Listing Contract Date: | 2026-10-02 |
| Living Area Units: | Square Feet |
| Lot Size Area: | 0.09 |
| Lot Size Dimensions: | 45x90 |
| Lot Size Units: | Acres |
| Maintenance Expense: | $2,160 |
| Net Operating Income: | $27,665 |
| Assessment Pending: | No |
| DPResource: | Yes |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $6,074 |
| Operating Expense: | $13,135 |
| Other Expense: | $1,200 |
| Owner Pays: | Sewer, Taxes, Trash Collection, Water |
| Parcel Number: | 1202924320060 |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 12 |
| Public Survey Township: | 29 |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2025 |
| Tenant Pays: | Electricity, Gas |
| Trash Expense: | $750 |
| Water Sewer Expense: | $750 |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 2308 |
| Below Grade Sq Ft Total: | 288 |
| Main Level Finished Area: | 1154 |
| Total Area: | 2,596 |
| Exterior Features: | Stucco |
| Foundation Details: | Stone |
| School District Full Name: | 1 - Minneapolis |
| For Sale Or Lease: | For Sale |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:59 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:59 PM - CT
